FIRST ON FOX : Fox News Digital has learned that the U.S. could withhold funding for the war against Islamist terror in Somalia until Europe, the African Union (A.U.) and the United Nations (U.N.) pay more of their ‘fair’ share toward the cost of striking out and keeping the peace in the conflict-torn country. These plans to ‘prohibit’ the use of ...
China is ‘evaluating’ an offer from the U.S. to hold talks on tariffs, according to a Friday statement from the Chinese Commerce Ministry. This shift in tone could leave the door open for the world’s two largest economies to deescalate the trade war that has left global markets in turmoil. ‘The U.S. has recently taken the initiative on many occasions ...
The UK’s financial regulator is exploring a ban on using credit cards to buy cryptocurrencies like bitcoin, as part of a wider crackdown on high-risk retail crypto investing. In a discussion paper published on Friday, the Financial Conduct Authority (FCA) warned that borrowing to invest in cryptoassets could lead consumers into unsustainable debt. The proposed restriction would prevent firms from ...
In today’s interconnected world, the foundation of successful business lies in authentic human connections. Leaders who embrace in-person meetings tap into the unique benefits of face-to-face interactions – such as building trust, interpreting nonverbal cues and fostering creativity that virtual meetings often lack. Mark Hooper, founder of hospitality experience platform Go Privilege, the piece explores how thoughtful, in-person connection is ...
President Donald Trump fired off a scathing Truth Social post late on Thursday night as he is once again targeted for impeachment, floating the idea that Republicans should target Democrats for expulsion from Congress. ‘The Democrats are really out of control. They have lost everything, especially their minds! These Radical Left Lunatics are into the ‘Impeachment thing’ again. They have ...
LVMH is cutting 10% of the workforce at its wine and spirits division, Moët Hennessy, as the group contends with slowing luxury demand, rising costs, and mounting global trade tensions. The job cuts, expected to affect around 1,200 staff, will reduce Moët Hennessy’s headcount to pre-pandemic levels, the Financial Times reported. In an internal briefing, CEO Jean-Jacques Guiony and deputy ...
The UK’s leading manufacturing trade organisation, Made in Britain, has reported a 20% surge in membership applications in the wake of President Trump’s sweeping new tariffs on imported goods, as interest in “buying British” grows among businesses and consumers alike. In the month following the introduction of 10% tariffs on all imported goods from the UK — along with sector-specific ...
Fast-fashion giant Shein has quietly paused its plans for a high-profile flotation on the London Stock Exchange, following mounting geopolitical pressure from President Trump’s aggressive tariff regime and broader trade tensions with China. The Chinese-founded, Singapore-based retailer has ended contracts with UK corporate communications firms Brunswick and FGS Global, who had been advising on the IPO, The Times has reported. ...
NatWest has reported a sharp rise in quarterly profits, delivering a boost to investors and taxpayers alike as the UK government prepares to fully exit its stake in the lender more than 15 years after its financial crisis bailout. The FTSE 100 bank, formerly Royal Bank of Scotland Group, said pre-tax profits rose 36% year-on-year to £1.8 billion in the ...
President Donald Trump late Thursday announced plans to designate May 8 as World War II ‘Victory Day’ in the United States, which coincides with the ‘Victory in Europe Day’ that has been celebrated in most of Europe since the Germans surrendered in 1945. Trump acknowledged in a Truth Social that ‘many of our allies and friends’ already celebrate on May ...